Governor Parnell Proposes Tax Incentives For Oil Companies

The governor of Alaska, Sean Parnell, has outlined proposed changes to the state's oil tax regime, including introducing incentives designed to stimulate investment and boost economic activity in the state. Parnell has said he is seeking no major changes to Alaska's Clear and Equitable Share (ACES) taxation system, which was introduced in 2007 under former governor Sarah Palin, but that he plans 'refinements' to it.

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